According to a report released Feb. 15 by consulting firm Mercer, inaction and lack of cooperation surrounding climate change has the potential to cost institutional investors trillions of dollars over the next 20 years.
The report, Climate Change Scenarios – Implications for Strategic Asset Allocation, was a collaborative effort between Mercer and a group of global investors who represented approximately $2 trillion in assets under management. It analyzes, through four climate change scenarios that extend to 2030, the potential financial impact on investors’ portfolios, and then identifies a number of steps that can be taken through asset allocation to mitigate the risks.
Read more here
No comments:
Post a Comment